Fortescue Takes the Grid in Formula E | Nascar News

Fortescue Zero, a mining and energy giant, has officially taken over Jay Penske’s Formula E team, marking the debut of Australia’s first-flagged racing squad—still based in the UK. This isn’t just about trophies; it’s a high-stakes proving ground for cutting-edge tech that aligns with Fortescue’s mission to decarbonize massive operations. Already a major supplier in Formula E—including batteries and charging systems for Jaguar—they’re now competing on the grid using Jaguar powertrains. The move signals a seismic shift for the sport, elevating it from tech provider to full-fledged competitor. Driver lineups are still being so...